The Loans Engine adds HFBS to lender panel
The Loans Engine has added Holme Finance Bridging Solutions to its lender panel.
"The investment opportunities for property investors across change of use, light and heavy refurbishment projects, and auction purchases, will drive an increased need for bridging finance."
The move will see The Loans Engine gain full access to HFBS’s range of bridging products, which includes first, second and third charge options.
HFBS focuses on providing fast bridging solutions to clients, typically completing within 7 days. At present, HFBS has no limits on adverse credit, does not require income proof and will often not require a valuation to be completed.
Additionally, the company can offer solutions to clients even when consent from their first mortgage has been declined.
Andrew Turner, founder and director of The Loans Engine, said: “We expect to see further demand for short term borrowing as we enter 2022. The investment opportunities for property investors across change of use, light and heavy refurbishment projects, and auction purchases, will drive an increased need for bridging finance. We see HFBS as an important addition to our panel to support this demand.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
